Freestanding Medical Office
2001 S Shields St Fort Collins, CO 80526
For Sale
Contact for pricing
Freestanding medical office building is fully leased to Banner Health under a corporate-guaranteed NNN structure.
Property Size4,506 SF
Price / SF$327.80
Days on Market142
Property Features for 2001 S Shields St
General Information
Standard status
Active
Size
4,506 SF
Property subtype
OFFICE
Listing Agency:
CBRE - Fort Collins
(970) 214-1409
Listed By:
Jason Ortiz · License #FA.100101226
(970) 214-1409
Source:
Moodyscre
Added: Mar 10
Changed: Jul 27
Last Checked: Jul 29 at 12:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Fort Collins
Investment Insights
Based on property information with market context.
CBRE presents this freestanding medical office building for sale at 2001 S. Shields Street, Fort Collins, Colorado. The building totals approximately 4,506 square feet and is fully leased to Banner Health, a nonprofit health system, under a corporate-guaranteed NNN lease. Rent includes annual CPI-based rent escalations.
The property is located in central Fort Collins, CO. The existing lease structure supports continued occupancy with corporate guarantee terms and inflation-linked adjustments as described in the offering materials.
For buyers seeking an income-producing medical office asset, this offering provides a leased, single-tenant medical office configuration with CPI-based rent escalation under an NNN framework.
The property is located in central Fort Collins, CO. The existing lease structure supports continued occupancy with corporate guarantee terms and inflation-linked adjustments as described in the offering materials.
For buyers seeking an income-producing medical office asset, this offering provides a leased, single-tenant medical office configuration with CPI-based rent escalation under an NNN framework.
Key Highlights
- ±4,506 SF freestanding medical office building in central Fort Collins, CO (Building i)
- Fully leased to Banner Health, a nonprofit health system
- Corporate‑guaranteed NNN lease structure
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.0k | $21.96 |
| − Vacancy | −$14.6k | −$3.25 |
| EGI | $84.3k | $18.71 |
| − OpEx | −$21.1k | −$4.68 |
| NOI | $63.2k | $14.03 |
4,506 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$903.3K
$790.4K – $1.05M
NOI $63,230 @ 7.0% cap · market cap 4.28%
Second Best
Healthcare Medical
$895.4K
$783.5K – $1.04M
NOI $62,680 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,135 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Campus West Vets — 2737 S Shields St, Fort Collins, CO 80526
- CSU Flint Animal Cancer Center — 300 W Drake Rd, Fort Collins, CO 80525
- Colorado State University Veterinary Teaching Hospital — 300 W Drake Rd, Fort Collins, CO 80523
- Animal Works - Veterinary Surgery — 1002 W Drake Rd #101, Fort Collins, CO 80526
- Dr. Greg Burns — 300 W Drake Rd, Fort Collins, CO 80523
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding medical office building is fully leased to Banner Health under a corporate-guaranteed NNN structure.
Where is this medical office space located?
The property is located at 2001 S Shields St Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,477,076.
What are key features of this property?
This property features: ±4,506 SF freestanding medical office building in central Fort Collins, CO (Building i); Fully leased to Banner Health, a nonprofit health system; Corporate‑guaranteed NNN lease structure
